Wave Analysis
During the previous trading day, Euro rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below the previous day’s lowest low, we expecct nothing but a possible momentum to the lowerside. The idea here will be to keep looking for long term sell positions expecting the price to break below 1.1575 and may breakout much lower.
Trade Recommendations:
we’re looking for a possible long term sell position towards 1.15
Origin: FreshForex
